NORTH DAKOTA FARMERS UNION FOUNDATION

EIN: 450457574 501(c)(3) Community Improvement

JAMESTOWN, ND

Total Revenue
$198,163
Total Expenses
$165,767
Total Assets
$362,642
Net Assets
$362,642
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
ND
Principal Officer
MATT PERDUE
Phone
7012522340
Tax Period
2024-10-01 to 2025-09-30

NORTH DAKOTA FARMERS UNION FOUNDATION, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $198K in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $32K, a strong 16% operating margin.

Mission

THE NDFU FOUNDATION WAS ESTABLISHED IN 2000 TO RAISE FUNDS FOR FARMERS UNION'S RENOWNED YOUTH EDUCATION PROGRAM. THE GOAL OF THE FOUNDATION IS TO ESTABLISH A PERMANENT, SUSTAINABLE FUND FOR NDFU'S YOUTH PROGRAM.

Program Service Accomplishments

Program 1
Expenses: $10,744

FUNDING CONTRIBUTED TO JAMESTOWN FINE ARTS ASSOCIATION INC TO PROVIDE FUNDING FOR THE RAISING THE BAR FOR THE ARTS PROJECT TO EXPAND THE FACILITY AND SERVICES AVAILABLE TO YOUTH AND ADULTS IN THE...

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FUNDING CONTRIBUTED TO JAMESTOWN FINE ARTS ASSOCIATION INC TO PROVIDE FUNDING FOR THE RAISING THE BAR FOR THE ARTS PROJECT TO EXPAND THE FACILITY AND SERVICES AVAILABLE TO YOUTH AND ADULTS IN THE COMMUNITY. THIS PROJECT SUPPORTS THE FOUNDATION PURPOSE OF SUPPORTING YOUTH EDUCATION.RED RIVER CHDO. FUNDING CONTRIBUTED TO RED RIVER COMMUNITY HOUSING DEVELOPMENT ORGANIZATION TO PROVIDE FUNDING TO THE WALSH COUNTY CHILDCARE CENTER PROJECT IN GRAFTON, ND. THIS PROJECT SUPPORTS THE FOUNDATION PURPOSE TO SUPPORT HUMANITARIAN EFFORTS, RESEARCH INITIATES TO ENHANCE RURAL LIFE, AND RURAL ECONOMIC DEVELOPMENT.

Program 2
Expenses: $25,000

FUNDING CONTRIBUTED DSU HERITAGE FOUNDATION TO PROVIDE FUNDING TO DICKINSON STATE UNIVERSITY AGRICULTURAL & TECHNICAL STUDIES RENOVATION PROJECT. THIS PROJECT SUPPORTS THE FOUNDATION PURPOSE TO...

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FUNDING CONTRIBUTED DSU HERITAGE FOUNDATION TO PROVIDE FUNDING TO DICKINSON STATE UNIVERSITY AGRICULTURAL & TECHNICAL STUDIES RENOVATION PROJECT. THIS PROJECT SUPPORTS THE FOUNDATION PURPOSE TO PROVIDE AGRICULTURAL EDUCATION.

Program 3
Expenses: $129,187

FUNDING CONTRIBUTED TO ND FARMERS UNION TO CARRY OUT A YOUTH CAMPING PROGRAM AND DAY CLASSES. THIS CAMPING PROGRAM AND DAY CLASSES TEACH ECONOMIC DEVELOPMENT THROUGH THE COOPERATIVE FORM OF BUSINESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $157,631
Program Service Revenue $0
Investment Income $12,427
Other Revenue $28,105
TOTAL REVENUE $198,163

Expense Breakdown

Grants Paid $164,931
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $164,931
Other Expenses $836
TOTAL EXPENSES $165,767

Year-over-Year Comparison

2024 2023 Change
Revenue $198,163 $507,249 -0.6%
Expenses $165,767 $458,317 -0.6%
Net Income $32,396 $48,932 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$684,121
Total Directors
9
$792,097
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BENJAMIN VIG DIRECTOR 1.00
Director
$0 $0 $22,425
JON IVERSON DIRECTOR 1.00
Director
$0 $0 $20,806
MARK WATNE PRESIDENT 1.00
Officer Director
$0 $10,350 $597,298
MICHELLE ZIESCH DIRECTOR 1.00
Director
$0 $0 $23,958
ROBERT FINKEN DIRECTOR 1.00
Director
$0 $0 $26,812
ROBERT KUYLEN VICE PRESIDENT 1.00
Officer Director
$0 $0 $37,673
SHANE SICKLER TREASURER 1.00
Officer Director
$0 $0 $28,066
TYLER STAFSLIEN DIRECTOR 1.00
Director
$0 $0 $13,975
WESLEY NIEDERMAN SECRETARY 1.00
Officer Director
$0 $0 $21,084
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $198,163 $165,767 $362,642 $32,396
2024 $507,249 $458,317 $329,221 $48,932
2023 $268,626 $246,615 $280,289 $22,011
2022 $297,826 $291,279 $258,278 $6,547
2021 $2,061,935 $2,050,717 $251,731 $11,218
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